BTC transaction fees hit $1,000

On May 14th several BTC users paid transactions fees over $1,000. Let’s dig in on how this is happening. Here’s a random screenshot taken at 1215PM EST on 05/15/2020 from this website: https://blockchair.com/bitcoin/transactions click for big Notice the columns in red. Inputs and fees are correlated. BTC users are paying ~$2 per input used in a BTC transactoin. BTC is …

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The Information Renaissance

Mankind is shifting into a new era I am calling The Information Renaissance. The Renaissance was the period in Europe between the 14th and 17th centuries when there was a surge of interest in and production of art and literature. … In Old French renaissance means “rebirth.” vocabulary.com You can see the need for a rebirth of information all around us. Misinformatoin has been …

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Market Update

What a week BSV has had and it’s only Wednesday! Briefly, much of what I’ve been sharing on Twitter is playing out… but at a much faster pace than I expected. Just a couple highlights of what I’ve posted recently. First, BSVBTC ratio: Posted original chart Jan 6 saying BTC holders could make 40% by converting to BSV.A couple days …

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A New Internet Is Coming

“Nothing in life is free.” Consider that this aphorism applies to using the Internet. If you aren’t paying for the content you consume then you are the content. I recommend watching “The Great Hack” on Netflix to get an eye opening explanation of the problem of your data being the price you pay to view websites. Your data is more …

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BSV Technicals Update

Prior to sharing charts keep in mind the markets are incredibly irrational regarding Bitcoin SV and as the famous saying goes: “The markets can remain irrational longer than you can remain solvent.” I expect a bloodbath in “Crypto” as the market adjusts prices based on fundamentals. BSV may not escape this bloodbath but if it happens BSV should be the …

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I Love It When A Plan Comes Together

I’ll be brief in this update. Don’t listen to the FUD about Bitcoin SV. Crypto news is mostly poor reporting and hyped rumors for manipulation. Moderate your BSV bags to your own comfort level and ignore the noise. I’ve been seeing this as a recurring theme. Welcome home, anon. pic.twitter.com/pmzXi1h56h— ORCTEP GOTHMOG (@sleburger) November 12, 2019 Even the 4chan trolls …

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BSV Technical Analysis

New post on BSV fundamental and technical analysis. Fundamental analysis is free. TA is behind $1 paywall. Link here: https://www.bitpaste.app/tx/6e4faac241225343f2f516e4fe19aad8f8e69ae536a360c386bc42d4dd99595d

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IN MY GREAT AND UNMATCHED WISDOM

As Q4 gains steam I looked back at my 2019 predictions. In hindsight, I could have been more specific with my targets but overall I’d grade myself a B-. S&P can still correct, real estate is getting soft, Gold pumped then retraced, Mueller was a nothing burger, Crypto is a still a mess. The BSV CG conference last week in …

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What I’m Watching

A few things I’m watching for Bitcoin this week and for Q4 2019. Today, Sept 30, is BSV Stress Test Day. Several services and purpose built tools will be used to flood the BSV network with traffic. The goal is to test the limits of the network in number of transactions and block size hoping to exceed the last stress …

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Bitcoin Trading Signals

I use several Technical Analysis indicators including Ichimoku Cloud, Renko charts, MA crosses, trendlines etc. One indicator many people reference specifically in trading BTC is called the Mayer Multiple. The Mayer Multiple is explained here. Here is a chart of the Mayer Multiple for Bitcoin SV compiled from daily closing price on coinmarketcap.com. MM in blue, 21MA of the MM …

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